Simple as that! down to the gap fill and back up off the OB targeting the liquidity into the bearish breaker. Other possibility is that it just keeps going up to target from here
Silver has entered it's buy level of $17-18xx and as the wave pattern comes to the next wave, the price could dip down one last notch. Silver squeeze, which started in Feb 2021 has drained the COMEX of silver, reducing from 150 million ounces to less than 57 million today. At some point the COMEX will declare force majeure and anyone in silver ETFs is going to be...
If you haven`t shorted here, when i gave you this signal: Then you should know that as long as the war continues and the sanctions to Russia, we will see a weaker Euro and a stronger Dollar. EUR/USD is the most actively traded currency pair in the world. The European Union rely on Russia for almost 38% of their imported natural gas . Germany gets about 50% of...
Price broke the trendline and is currently retesting, will be looking for bearish patterns and entrys.
I'm holding XAUUSD short as on the daily timeframe we can see nice retracement into the 'Golden Pocket' area. At the moment price is interacting with the 50 ema however on the lower timeframes this has already been broken. Should the daily candle close over the 50 ema I will remain bearish on this trade whilst monitoring pice action around the 1540 area. Should...
In my last post we had taken longs for the C leg of expanding flat for X wave. DXY is in a weekly correction right with the last leg still remaining. Good short setup right on DXY for the leg down.